JYT Corporation was founded on August 8th, 2002 with a registered capital of
RMB 1.993 billion yuan. JYT is a comprehensive group enterprise with four major industries of high-end equipments, new materials, new energy power generation and clean tech. The main products include photovoltaic and semiconductor equipments such as mono-crystal growers, multi-crystal directional solidification growers, float-zone furnace. The photovoltaic material products include mono and multi crystal ingots and wafers. New energy power generation projects include photovoltaic and wind power generation stations as well as honeycomb medium and low temperature SCR flue gas denitrification catalyst.
JYT successfully did its IPO at the Shanghai Stock Exchange on September 8th, 2011, stock code: 601908. By the end of 2018, JYT’s total asset has reached RMB 15.3 billion yuan, and net asset reached RMB 6.992 billion yuan. In 2018, the operation revenue is 2.034 billion and the net profit is RMB 435 million.
By the end of 2018, there are totally 1553 staffs in JYT during which more than 51.38% have college degree or above. Currently, JYT has 60 wholly-owned subsidiaries, 4 holding subsidiaries, 1 joint-stock subsidiary, 1 branch, 5 sub-subsidiaries.
At the beginning of listing, the company took photovoltaic equipment production as its main business. Later, according to the market changes, JYT based on the photovoltaic industry and expanded the business of new energy power stations and appropriately set foot in other fields with a reasonable layout, forming the four main business direction of high-end equipments, new materials, new energy power generation and clean-tech. In the future, the company will continue to strengthen high-end equipments manufacturing, and constantly improve the technical level of products as well as expand the business of new materials and meet the market demand with high-quality mono and multi silicon wafers. The company will steadily promote the new energy power generation business and maintain a healthy and stable source of cash flow according to the adjustment of industrial policies and the fluctuation of the industry. At the same time, the company will continue to pay attention to the market development of denitrification catalyst business, and promote the development of environmental engineering business. The company will also attach importance to the R&D and production of semiconductor equipments and seek new business directions in semiconductor related industries.